v3.25.2
Goodwill and Intangible Assets, net
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill
Engineered
Materials		Acetyl ChainTotal
(In $ millions)
As of December 31, 2024(1)
5,025 362 5,387 
Exchange rate changes52 27 79 
As of June 30, 2025(1)
5,077 389 5,466 
______________________________
(1)Includes accumulated impairment losses of $1.5 billion in the Engineered Materials segment as of June 30, 2025 and December 31, 2024.
Intangible Assets, Net
Finite-lived intangible assets are as follows:
LicensesCustomer-
Related
Intangible
Assets		Developed
Technology		Covenants
Not to
Compete
and Other		Total
(In $ millions)
Gross Asset Value
As of December 31, 202440 2,406 587 55 3,088 
Exchange rate changes1 164 27 1 193 
As of June 30, 202541 2,570 614 56 3,281 
Accumulated Amortization
As of December 31, 2024(37)(728)(134)(43)(942)
Amortization— (60)(21)(1)(82)
Exchange rate changes(1)(57)(6)— (64)
As of June 30, 2025(38)(845)(161)(44)(1,088)
Net book value3 1,725 453 12 2,193 
Indefinite-lived intangible assets are as follows:
Trademarks
and Trade Names
(In $ millions)
As of December 31, 20241,495 
Exchange rate changes84 
As of June 30, 20251,579 
During the six months ended June 30, 2025, the Company did not renew or extend any intangible assets.
Estimated amortization expense for the succeeding five fiscal years is as follows:
(In $ millions)
2026166 
2027166 
2028165 
2029160 
2030157